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Posted on 23/07/2024

HKX shelves plan to operate crypto business in Hong Kong

HKX has decided to shut down its operations in Hong Kong, joining a growing number of exchanges that have withdrawn their license applications ...

Posted on 23/07/2024

How would altering Hong Kong’s public-private housing mix affect residents, developers?

Authorities considering adjusting 70-30 public-private housing ratio once waiting time for government rental flats goes down in several years.

Posted on 23/07/2024

Hong Kong stocks gain as China’s rate cut lifts hopes of economic momentum

Hong Kong stocks advanced on Monday in volatile trade ... China’s 10-year government bonds rose after the People’s Bank of China (PBOC) lowered both a short-term policy interest rate and loan prime ...

Posted on 22/07/2024

China Market Update: The PBOC Cuts Rates In Advance Of Politburo Meeting

Asian equities were mostly lower following last week’s tough going though Hong Kong managed a gain. Thailand was closed for Asarnha Bucha Day, which is one of the most important events in the Buddhist ...

Posted on 22/07/2024

Hong Kong Launches Asia’s First Bitcoin Futures Inverse Product

Hong Kong is set to list the region’s first Bitcoin (CRYPTO: BTC) futures inverse product on Tuesday. What Happened: The CSOP Bitcoin Futures Daily (-1x) Inverse Product (7376.HK) will be traded on ...

Posted on 22/07/2024

Signs of recovery in Hong Kong property market as Kai Tak flats draw US$218 million in orders

A Kai Tak residential project saw 68 flats sold within hours of their launch in what agents say is a turning point for Hong Kong's property market A new residential project in Hong Kong's Kai Tak ...

Posted on 22/07/2024

Asia Deal Digest: A&G, A&O Lead on Billion Dollar JV Deals, Hong Kong IPOs Pick Up But Deal Values Remain Small

Two Singapore deals are some of the region's largest transactions in recent months. Allen & Gledhill and A&O Shearman are advising on both. In Singapore, A&O Shearman and Big Four Singapore firm Allen ...

Posted on 22/07/2024

Hong Kong will launch Asia’s first ever inverse Bitcoin ETF tomorrow

Tomorrow, the Hong Kong Stock Exchange (HKEX) will be launching Asia’s first inverse Bitcoin exchange-traded fund (ETF). This new ETF, the CSOP Bitcoin Futures Daily (-1x) Inverse Product, is designed ...

Posted on 22/07/2024

Hong Kong to launch Asia’s first inverse bitcoin ETF

Asia's first inverse bitcoin exchange-traded fund that allows investors to bet on a fall in the cryptocurrency, is set to debut in Hong Kong on Tuesday.

Posted on 22/07/2024

Hong Kong to get first bitcoin inverse investment product, adding to crypto ETFs

Hong Kong’s first bitcoin inverse investment product, which offers returns based on declines in the price of the world’s largest cryptocurrency token, debuts on the city’s stock exchange on Tuesday, ...

Posted on 22/07/2024

Hong Kong stocks edge up as China’s rate cut lifts hopes of economic momentum

Hong Kong stocks edged up on Monday, recouping earlier losses in volatile trade, as investors reacted to a surprise rate cut by China’s central bank while bracing for more uncertainty after US ...

Posted on 22/07/2024

Hong Kong jails 3 stock market manipulators for up to 80 months in landmark case

The manipulation scheme is “a sophisticated and intricate conspiracy”, which has caused losses to genuine market participants and damage to Hong Kong’s reputation as a global financial centre, Douglas ...

Posted on 22/07/2024

Century-old Hong Kong business Liu Ma Kee admits importing fermented tofu from mainland China

His remarks came after the centre said last week that the family business did not churn out its own tofu locally, triggering intense online criticism against the shop once featured in a Hong Kong ...

Posted on 22/07/2024

China rate cuts usher in next stimulus stage

HONG KONG, July 22 (Reuters Breakingviews) - For investors pondering how China's Third Plenum could revive the economy, the central bank has set the tone for what's to come. On Monday morning, the ...

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